Premier League clubs have agreed to trial a new set of financial sustainability rules for the next season. The rules include 'top-to-bottom anchoring' on a non-binding basis and an 85% squad cost rule, similar to UEFA's regulations. These measures aim to improve and preserve clubs' financial sustainability and competitive balance. Proposals such as Aston Villa's plan to lift PSR loss to £135 million and Crystal Palace's coefficient compromise were rejected. The decision was made during the Premier League's annual general meeting on Thursday. The trial will also include Squad Cost Rules.
Premier League clubs have agreed to trial “top-to-bottom anchoring” (TBA), on a non-binding basis, as an additional cost-control rule next season at their annual general meeting on Thursday. More from @mjshrimper ⬇️ https://t.co/0FQRFxBEp5
Premier League clubs have agreed to trial a new set of financial rules for next season 👀 ✍️|@johncrossmirror https://t.co/c63sqoBTPl https://t.co/WywLd0pQbp
Premier League agrees new financial sustainability rules (providing Manchester City doesn’t find them objectionable and takes them to court yad yada yada) https://t.co/4S5FxkX5Z5
As previewed, PL clubs have voted to introduce top-to-bottom anchoring on non-binding basis next season. League also running UEFA-style 85% squad cost “in shadow”. Villa’s plan to lift PSR loss to £135m & Palace’s coefficient compromise both rejected. https://t.co/FjtYMDKB1H
PL clubs have agreed to trial an alternative financial system next season - Squad Cost Rules and Top to Bottom Anchoring Rules in shadow “to improve and preserve clubs’ financial sustainability and the competitive balance” ⬇️ https://t.co/RHDyXPd36l